I am Long GBPUSD.

2.0600 could be achieved within the week.

I am looking at reaching 2.1000 next month or 2. Meaning Cable could reach this high level in September.

Last year when I started trading forex, AUDUSD was at 0.7470. Somebody brought up a bank forecast of Aussie going 0.8100. Look at where it is right now..... 0.8740

Cable then was 1.8540..... now we are at 2.0400 and still going strong upward. If you consult people who do Elliott Wave Analysis, you will find them positioning themselves for Long GBPUSD at least some of those I know.

Placing LONG Trades on the Cable is not as easy as that though. You can face large drawdowns when your entry is ill-timed. It is best to learn it before you use EW. Otherwise, you can stick to profitable systems in this forum for intraday trading.

yano125